Tenable Holdings, Inc.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 3, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
11. Net Earnings (Loss) Per Share
- Net Earnings (Loss) Per Share
The following table sets forth the computation of basic and diluted net earnings (loss) per share:
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| (in thousands, except per share data) | 2026 | 2025 | 2026 | 2025 |
| Net income (loss) | $11,299 | $2,260 | $16,518 | $(35,381) |
| Weighted-average shares used to compute net earnings (loss) per share: | ||||
| Basic | 108,974 | 120,483 | 111,846 | 120,516 |
| Dilutive impact of outstanding equity awards | 6,996 | 1,470 | 3,939 | — |
| Diluted | 115,970 | 121,953 | 115,785 | 120,516 |
| Net earnings (loss) per share | ||||
| Basic | $0.10 | $0.02 | $0.15 | $(0.29) |
| Diluted | $0.10 | $0.02 | $0.14 | $(0.29) |
We use the if-converted method to calculate the dilutive effect of our Convertible Senior Notes in periods when the average price of our common stock exceeds the conversion price. We also entered into Capped Calls to reduce the potential dilution to our common stock upon conversion. The Capped Calls are excluded from diluted earnings per share.
The following potentially dilutive securities have been excluded from the diluted per share calculations because they would have been antidilutive:
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| (in thousands) | 2026 | 2025 | 2026 | 2025 |
| RSUs | 3,493 | 7,864 | 4,567 | 9,215 |
| Stock options | — | — | — | 1,530 |
| Shares to be issued under the 2018 ESPP | — | 60 | 4 | 60 |
| PSUs | 160 | — | 160 | 96 |
| Restricted stock | — | 215 | — | 215 |
| Total | 3,653 | 8,139 | 4,731 | 11,116 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.